Daily Pivots: (S1) 0.8656; (P) 0.8666; (R1) 0.8678; More…. Intraday bias in EUR/GBP stays neutral and outlook is unchanged. On the upside, decisive break of 0.8700 resistance will carry larger bullish implication and bring stronger Read more…
Daily Pivots: (S1) 1.6400; (P) 1.6460; (R1) 1.6525; More… Intraday bias in EUR/AUD remains neutral for the moment. Further decline is expected with 1.6650 resistance intact. On the downside, break of 1.6319 will resume the Read more…
Daily Pivots: (S1) 0.9597; (P) 0.9641; (R1) 0.9665; More… Intraday bias in EUR/CHF remains neutral for the moment. Further rally is expected as long as 0.9617 support holds. Above 0.9691 will resume the rebound form Read more…
DXY: The DXY chart currently demonstrates a bullish momentum, with the possibility of a short-term drop to the 1st support level before potentially bouncing and rising towards the 1st resistance level. The 1st support at Read more…
Daily Pivots: (S1) 1.0440; (P) 1.0516; (R1) 1.0554; More… Intraday bias in EUR/USD is back on the downside with break of 1.0487. Fall from 1.1274 is resuming and should target 1.0199 fibonacci level next. On Read more…
Daily Pivots: (S1) 1.2042; (P) 1.2131; (R1) 1.2176; More… Intraday bias in GBP/USD is back on the downside with break of 1.2109 support. Sustained trading below 1.2075 fibonacci level would carry larger bearish implication. Fall Read more…
Daily Pivots: (S1) 149.58; (P) 149.73; (R1) 150.02; More… USD/JPY’s rally is in progress and intraday bias stays on the upside. Current rise from 127.20 should target a retest on 151.93 high next. On the Read more…
Daily Pivots: (S1) 0.9130; (P) 0.9163; (R1) 0.9215; More…. Intraday bias in USD/CHF remains neutral for the moment as consolidation from 0.9224 is extending. Deeper retreat cannot be ruled out. But near term outlook will Read more…
Daily Pivots: (S1) 1.3598; (P) 1.3639; (R1) 1.3717; More…. USD/CAD’s break of 1.3693 minor resistance indicates resumption of whole rally from 1.3091. Intraday bias stays on upside for 61.8% projection of 1.3091 to 1.3693 from Read more…
Gold shows incomplete bearish sequence from 5.4.2023 high favoring further downside. Down from 5.4.2023 high, wave (W) ended at 1898.12 and wave (X) rally ended at 1987.42. Gold then resumed lower in wave (Y) with Read more…